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Global Asset Management Firm's Senior Analyst Recommends Buying Bitcoin Dip A senior analyst specializing in digital assets at global asset management firm Alliance Bernstein, Gautam Chhugani, has advised investors to buy the bitcoin dip. In a client note reviewed by Yahoo Finance, Chhugani emphasized the importance of focusing on the new bitcoin adoption cycle. He […]

Introduction Hong Kong is strengthening its crypto regulatory framework and embracing exchange-traded funds (ETFs). In line with these developments, the Hong Kong Virtual Asset Consortium (HKVAC) has made revisions to its crypto indexes, prioritizing tokens with strong market performance and growing industry partnerships. This article explores the recent updates made by the HKVAC and the

The Decision to Shut Down the Gamestop NFT Marketplace Gamestop, the renowned company listed on the New York Stock Exchange (NYSE: GME), has recently announced its intention to close its non-fungible token (NFT) marketplace on February 2, 2024. Users of the Gamestop NFT market will no longer have the ability to buy, sell, or create

U.S. Senator Elizabeth Warren has expressed her disapproval of the U.S. Securities and Exchange Commission (SEC) for approving spot bitcoin exchange-traded funds (ETFs). She strongly believes that the securities regulator is making a mistake both legally and in terms of policy when it comes to the decision on bitcoin ETFs. Senator Warren's Criticism of SEC's

Introduction Recent blockchain analytics have revealed that Grayscale's Bitcoin Trust (GBTC) has transferred 4,000 bitcoins, worth approximately $175 million, to Coinbase. These transfers were conducted in four separate batches of 1,000 bitcoins each. The news of these transactions comes at a time when the financial world is abuzz with the debut of a new spot

Coinshares Strengthens Position in the US Market Coinshares International Limited has announced its acquisition of Valkyrie Funds LLC, a prominent digital asset manager based in the United States. The decision to acquire Valkyrie was driven by the recent approval of the company's spot bitcoin exchange-traded fund (ETF). The acquisition includes Valkyrie's range of exchange-traded products,

Introduction The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has issued a warning to investors considering crypto investments. This comes amidst market expectations of the imminent approval of spot bitcoin exchange-traded funds (ETFs). In a social media post, Gensler urged caution and highlighted the serious risks involved in investing in crypto

The Insight from Jim Cramer Jim Cramer, the host of CNBC's Mad Money show, recently made a statement about bitcoin, suggesting that it may be topping out. However, he also emphasized that bitcoin is a technological marvel and here to stay. Cramer's remarks came amid a surge in the crypto market, with bitcoin surpassing $47,000.

Spot Bitcoin ETFs: A Controversial Investment The former head of internet enforcement at the U.S. Securities and Exchange Commission (SEC), John Reed Stark, has expressed serious concerns about spot bitcoin exchange-traded funds (ETFs). The SEC is expected to approve these ETFs on Wednesday, but Stark warns that they could lead to "financial ruin" for investors.

The Concerns Raised by SEC Chairman Gary Gensler The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, recently expressed his concerns regarding investing in cryptocurrency assets. In a series of social media posts on Monday, Gensler highlighted the potential risks and lack of regulatory compliance in the crypto industry. His warnings come